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Burringham Road, Scunthorpe, DN17

Yorkshire

£135,000

Listed on 17/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1005 sqft

Description

This spacious three-bedroom semi-detached house presents an excellent opportunity for buyers looking to invest in a property with renovation potential. Upon entry, you are greeted by a welcoming hallway that leads to a bright and airy front lounge, which offers ample space for comfortable seating. The layout flows into an open-plan dining area that adjoins the fitted kitchen, which includes a good range of cabinetry and work surfaces. At the rear, a conservatory serves as an additional living area with views of the garden, making it ideal for casual gatherings or family meals. Upstairs, you will find three generously sized bedrooms and a modern family bathroom equipped with a three-piece suite. The exterior features off-street parking via a driveway and a sizable rear garden that is primarily laid to lawn but has great potential for landscaping or further development. Notably, previous planning permission was granted (though now expired) for a two-storey rear extension and there is also the possibility to convert the loft (subject to necessary consents), enhancing both living space and value. Currently functioning as an active Airbnb and generating approximately £20,000 per annum, this property not only offers residential comfort but also investment viability. Conveniently located near local amenities and transport links, it provides access to Scunthorpe's town centre and broader road networks. This property represents a unique chance for those willing to put their personal touch on it while potentially increasing its market value significantly.

Investment Analysis

(DN17 area)

Below Market Value

This property is priced -26.8% below area average per sq ft

-26.8%
Potential saving
This Property
£134/sq ft
Area Average
£183/sq ft
Avg Rent (weekly)
£179
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£202,749
10% above area average per sq ft
Potential ROI
+15.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (DN17)

Area prices are rising by +2.2% over the last 12 months
3 year growth: +2.2%
5 year growth: +12.9%
Investment Disclaimer: Analysis based on DN17 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Burringham Road, Scunthorpe, DN17
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£510
Based on a loan of £101,250 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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